China's Chery plans investment drive to build Omoda, Jaecoo brands in Europe

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 63%

Kevin Cheng Nyheter

Chery Cars,Omoda,Eastern Europe

Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, ...

FILE PHOTO: Chinese automaker Chery holds an event to launch its Omoda and Jaecoo cars on the Italian market

Investment plans in marketing and brand development in Europe were confidential, "but it's a huge amount of money, it's billions of euros," he said. "We want to establish good relationships with the EU," he said. "Producing cars in Europe will help us avoid tariffs". German Embedded Finance Market German Embedded Finance Market Dublin, Sept. 12, 2024 -- The "Germany Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.The embedded finance industry in the country is expected to grow by 6.8% annually to reach US$8.15 billion in 2024.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker